{"id":74790,"date":"2016-01-18T21:35:21","date_gmt":"2016-01-18T21:35:21","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/lentex-buys-wood-flooring-manufacturer-baltic-wood\/"},"modified":"2025-09-19T08:46:50","modified_gmt":"2025-09-19T08:46:50","slug":"lentex-buys-wood-flooring-manufacturer-baltic-wood","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/lentex-buys-wood-flooring-manufacturer-baltic-wood\/","title":{"rendered":"Lentex buys wood flooring manufacturer Baltic Wood"},"content":{"rendered":"<p class=\"lead\"><em><strong>Through its subisidiary Lentex, the Polish construction materlials producer Gamrat has acquired the wood flooring manufacturer Baltic Wood.<\/strong><\/em><\/p>\n<p class=\"lead\">Gamrat has signed a definitive agreement to acquire 100 percent shares of Baltic Wood. The seller is Nowy Styl Group,\u00a0one of the world's largest furniture manufacturers.\u00a0Gamrat\u00a0will pay 23 million Polish zloty, the equivalent of 5,1 million euro.<\/p>\n<p>Baltic Wood annually generates revenues of approximately 120 million zloty (26,8 million euro) and a few million zlotys in net profit. More than 80 percent of its production is exported, mainly to Western countries.\u00a0Baltic Wood floors reach customers in 44 countries in the world. The company's\u00a0production plant and headquarters are located in Jas\u0142o (Poland), whereas its\u00a0sales offices are located in Cracow and Jas\u0142o (Poland) and in Newark (USA).<\/p>\n<p>Krzysztof Moska, one of the main shareholders Lentex\u00a0and until recently president of Gamrat, commented on the transaction: ''<em>With the acquisition we will complement our offer.\u00a0We are already present in different segments of the area: in Lenteksie, our coverings are made of PVC, in Gamracie we produce sport products and decking out of WPC (wood-plastic composites). We had a choice: to supplement our\u00a0offer with\u00a0cheap laminate flooring, or MDF or floors of a higher quality. We chose the second solution. Baltic Wood is one of the world's top producers of engineered wood flooring in the world.<\/em>''<\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Through its subisidiary Lentex, the Polish construction materlials producer Gamrat has acquired the wood flooring manufacturer Baltic Wood. Gamrat has signed a definitive agreement to acquire 100 percent shares of Baltic Wood. The seller is Nowy Styl Group,\u00a0one of the &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/lentex-buys-wood-flooring-manufacturer-baltic-wood\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":49943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713],"tags":[3418,3360,3419],"class_list":["post-74790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","tag-baltic-wood","tag-flooring","tag-lentex","topic-wood-based-panels","area-europe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lentex buys wood flooring manufacturer Baltic Wood - TIN<\/title>\n<meta name=\"description\" content=\"Through its subisidiary Lentex, the Polish construction materlials producer Gamrat has acquired the wood flooring manufacturer Baltic Wood.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/lentex-buys-wood-flooring-manufacturer-baltic-wood\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lentex buys wood flooring manufacturer Baltic Wood - 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